Nordic Cold Storage secures funds, eyes growth
Atllanta-based Nordic Cold Storage said it expects to "accelerate its growth plan and expand its services to additional customers in a broader geographic area" since receiving an undisclosed equity investment by American Infrastructure MLP Funds, Foster City, Calif.
“As a company, we have been actively looking to grow for some time and are very excited about the opportunities and resources this investment offers,” said Nordic Chief Executive Officer Don Schoenl. “Our goal is to continue to expand Nordic’s dependable operating systems and strong customer service to a broader group of customers in a wider geographic footprint. We believe that this partnership with the
American Infrastructure MLP Funds will provide a variety of resources to substantially increase our growth trajectory over the coming years.”
Nordic operates 13 facilities in Alabama, Georgia, Mississippi, North Carolina and South Carolina, serving a wide range of major food producers, distributors and other customers.
Schoenl said Nordic plans to invest in other cold storage operations, expand its existing cold chain management services and develop new sites in the Southeast and other regions.